RE: AOL + CSCO + DELL + INTC + LU + MSFT + YHOO = $2.1 trillion

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From: Dan Kohn (
Date: Wed Mar 22 2000 - 04:48:28 PST

I'm planning to buy some puts in ICX
<> that come due in October.
I have a lot more faith in MSFT, CSCO, and INTC than the ecommerce firms
tracked on ICX. My only question is how out of the money to buy the

                - dan

Daniel Kohn <>
tel:+1-425-602-6222  fax:+1-425-602-6223 

-----Original Message----- From: Adam Rifkin -4K [] Sent: Wednesday, 2000-03-22 02:04 To: Subject: AOL + CSCO + DELL + INTC + LU + MSFT + YHOO = $2.1 trillion

Today the Fed raised rates again (how many times has it been? I've lost track...) and the stock market rallied, and an interesting thing happened: the "Magnificent Seven" bubblestocks collectively rallied past the $2 trillion mark today.

Company Market Cap ------- ---------- Microsoft $531 billion Cisco $482 billion Intel $462 billion Lucent $210 billion AOL $152 billion Dell $149 billion Yahoo! $101 billion Total $2.1 trillion

Rimpinths' BubblePort, started less than 18 months ago, now stands at a solid triple:

100% of people who bought the basket of eight bubblestocks (the Magnificent Seven plus Amazon) ANY time since July 1997 when Amazon first started trading is now making money on that investment:

[Nice touch crossing out the "1999" and writing in "2000" in the phrase "The Great Crash of 2000". :]

Meanwhile, a portfolio of nothing but CMGI's stock continues to be a better investment than the paper its shares are written on:

I like Rimpinths' own description of how deep into The Bubble we are...

> BubblePort is less than 5% off its high at just a tad > under $300K, the BubbleHead index is at 100%, and the > RimpyPort is now down 90%. Unbelievable. Who would > ever think that CSCO and INTC would be nearing the > half-trillion mark? > > Total market cap of the BP has topped $2 trillion. It > doesn't seem that long ago that it broke $1 trillion. > When you talk percentages, nothing seems that absurd > any more. But $1 *trillion* added to the BP in the > past year?! That's absurd. It's not like MSFT, INTC, > and CSCO were just discovered by most investors last year. > > Why do I even talk about this stuff anymore? It's the > same thing over and over again. "Holy shit! Look at > that! Isn't that the most ridiculous thing you've > ever seen?!" "Unfuckingbelievable, can it get any > more absurd this?!" "Well I'll be a greased Jesus, > surely it must be getting close to the end."

On its one-year anniversary, the RimpyPort, which shorted Microsoft, Intel, Cisco, and Dell, now stands at a 90% loss:

What's a bear to do in a market full of bull? Hey, if Microsoft, Intel, and Cisco can be *half-trillion* dollar companies in 2000, there's nothing that says they can't be *trillion* dollar companies by 2002, right? [Geoffrey Moore teaches the faithful that gorillas just grow and grow and grow, as long as they're fed a constant diet of bananas.]

Ugh, what a market... I wonder how it respects itself in the morning?


You and me baby ain't nothing but mammals so let's do it like they do on The Discovery Channel. -- Bloodhound Gang, "The Bad Touch"

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